Cheap Apartments for Rent in the Lakewood Neighborhood of Grand Prairie, TX from $700 (69 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Lakewood area of Grand Prairie.

close
View Me
NeuRock of Westchester
$1,216 - $2,366
Total Monthly Price

Total Monthly Price

Base Rent
$1,216 - $2,366

Total Monthly Price
$1,216 - $2,366
1 to 3 Bedroom Apartments Available Now

NeuRock of Westchester

620 W Westchester PkyGrand Prairie, TX 75052
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

close
View Me
Corsair
Rent Specials
$1,425 - $3,171
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $3,171

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Corsair

2105 S Forum DrGrand Prairie, TX 75052
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Luxia Grand Prairie
Rent Specials
$1,431 - $5,105
Total Monthly Price

Total Monthly Price

Base Rent
$1,431 - $5,105

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Luxia Grand Prairie

2015 S Forum DrGrand Prairie, TX 75052
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

close
View Me
Copeland
Rent Specials
$1,433 - $4,460
Total Monthly Price

Total Monthly Price

Base Rent
$1,433 - $4,460

Total Monthly Price
$1,433 - $4,460
1 to 3 Bedroom Apartments Available Now

Copeland

2045 S Forum DrGrand Prairie, TX 75052
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Jefferson Lakehaven
Rent Specials
$1,448 - $3,133
Total Monthly Price

Total Monthly Price

Base Rent
$1,448 - $3,133

Total Monthly Price
$1,448 - $3,133
1 to 3 Bedroom Apartments Available Now

Jefferson Lakehaven

7152 N State Hwy 360Grand Prairie, TX 75052
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Arden at Midtown GP
Rent Specials
$1,449 - $2,554
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $2,554

Total Monthly Price
$1,449 - $2,554
1 to 2 Bedroom Apartments Available Now

Arden at Midtown GP

3711 S State Highway 161Grand Prairie, TX 75052
Pet Friendly
  • Verified
  • 3D Tour
close
View Me
Ascend at Forum
Rent Specials
$1,462 - $2,742
Total Monthly Price

Total Monthly Price

Base Rent
$1,462 - $2,742

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Ascend at Forum

2300 Forum DrGrand Prairie, TX 75052
Affordability
  • Verified
  • Customer Reviewed
close
View Me
Axis Grand Crossing
Rent Specials
$1,525 - $3,155
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $3,155

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Axis Grand Crossing

1661 S Forum DrGrand Prairie, TX 75052
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Westlyn
Rent Specials
$1,594 - $2,294
Total Monthly Price

Total Monthly Price

Base Rent
$1,594 - $2,294

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Westlyn

1150 E IH-20Grand Prairie, TX 75052
Furnished
  • Verified
  • Customer Reviewed
  • Smoke Free
close
View Me
Jovia
$1,598 - $2,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,598 - $2,765

Total Monthly Price
$1,598 - $2,765
1 to 3 Bedroom Apartments Available Now

Jovia

1225 W Interstate 20Grand Prairie, TX 75052
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 1140 Jamie Dr

$2,175

Total Monthly Price

Total Monthly Price

Base Rent
$2,175

Total Monthly Price
$2,175

3 Bedroom, 2.5 Bath Rentals

Available Now

1140 Jamie Dr

Grand PrairieTX75052
close
View Me
Wymberly Pointe
1 to 2 Bedroom Apartments

Wymberly Pointe

702 W Warrior TrlGrand Prairie, TX 75052

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Lakewood, Grand Prairie, TX Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of Dallas, TX is a 1 Bed unit found at Ronan Apartment Homes priced from $730. Prairie Ranch Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,127. Here are the most affordable Lakewood apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Ronan Apartment HomesA21BR,1BA$730
Prairie Ranch Apartment HomesA51BR,1BA$1,127
Mission Mayfield DownsS1Studio,1BA$1,185
Windscape Apartments1 bedroom, 1 bathroom1BR,1BA$1,215
NeuRock of WestchesterA1-P1BR,1BA$1,216
Indigo PointeA11BR,1BA$1,223
The BradburySGOStudio,1BA$1,231
Highlands of Grand PrairieA-11BR,1BA$1,245
MAA Grand CourtyardsThe Orchid1BR,1BA$1,288
Prairie Gate Community Phase IIMemphisStudio,1BA$1,295

Best Value Apartments for Rent in Lakewood, TX

As of April 18, 2026 the best value apartment in the Lakewood area is the $1.48 price per square foot HUDSON Model at Tribeca Townhomes in the in the Brookfield North neighborhood starting from $3,000. The second greatest value Lakewood apartment is the C3TH Model at Arioso Apartments & Townhomes starting at $2,650 with a $1.64 price per square foot in the East Arlington neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tribeca TownhomesHUDSON3BR,3BA$1.48
Arioso Apartments & TownhomesC3TH3BR,2.5BA$1.64
Villas at BardinC13BR,2.5BA$1.78
The WatsonC13BR,2BA$1.57
The Park on ForumC13BR,2BA$1.52
Windscape Apartments1 bedroom, 1 bathroom1BR,1BA$1.66
Prairie Ranch Apartment HomesA41BR,1BA$1.57
Highlands of Grand PrairieA-11BR,1BA$1.76
Indigo PointeA11BR,1BA$1.80
Mission Mayfield DownsS1Studio ,1BA$1.75

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lakewood, Grand Prairie, TX

Ranked #7

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team of engineers and researchers is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Texas including Lakewood, Grand Prairie, and the greater Dallas area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, multifamily communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lakewood Apartments

What is a cheap apartment in Lakewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,295.

What is the price of a cheap apartment in Lakewood?

The cheapest apartment in Lakewood is Ronan Apartment Homes which is listed at $730, while the average apartment in Lakewood costs $14,384.

What types of apartments are the cheapest in Lakewood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 53 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakewood?

Cheap apartments in Lakewood have an average cost of $200 which is $14,184 cheaper than the average rent for all rentals in Lakewood.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods in Dallas, TX article

The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX article

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Written by: Tiffany Clark

According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

decorative image for The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers article

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers

Written by: Tiffany Clark

Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

decorative image for An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years article

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

Written by: Tiffany Clark

My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.